BTC/USDT – 30M – BUYThe pair breaks through the bearish trendline up.
An ascent up to the next resistance level at 61477.190000000 is likely expected.
Caution: A possible change in the direction of the support line at 59828.110000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 61979.37 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 61477.190000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 64130.630000000 |
| 2nd High | 62390.310000000 |
| Next High | 61477.190000000 |
| Current Price | 61218.000000000 |
| Next Low | 59828.110000000 |
| 2nd Low | 59174.800000000 |
| 3rd Low | 57493.300000000 |